408 Tuscaloosa Ave
BirminghamAL35211
Cheap Homes for Rent in Homewood, AL from $600 (27 Rentals)
Search the lowest-cost Homes available for rent right now in Homewood.
1228 Tuscaloosa Ave
BirminghamAL35211
1731 Valley Ave
BirminghamAL35206
916 14th St SW
BirminghamAL35211
1782 McMillon Ave
BirminghamAL35211
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$8602 Bedroom Apartments Available Now
1100 Cotton Ave SW, Unit b
1100 Cotton Ave SWBirmingham, AL 35211
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$8753 Bedroom Apartments Available Jul 1
2410 Arlington Crescent
2410 Arlington CrescentBirmingham, AL 35205
1508 Dennison Ave SW
BirminghamAL35211
1520 17th Way SW
BirminghamAL35211
2500 Tempest Dr SW
BirminghamAL35211
3350 Altamont Rd S, Unit E6
3350 Altamont Rd S
BirminghamAL35205
1502 16th Ave S
BirminghamAL35205
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1820 3rd Pl SW
BirminghamAL35211
208
1801 2nd Ave N
BirminghamAL35203
1698 Cleburn Ave
BirminghamAL35211
1329 4th Ave S, Unit 306
1329 4th Ave S
BirminghamAL35233
55 Hanover Cir
BirminghamAL35205
2990 Rhodes Cir S
BirminghamAL35205
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
806 Gamma St S
BirminghamAL35205
57 Hanover Cir, Unit 220
57 Hanover Cir
BirminghamAL35205
840 Beacon Pkwy E
BirminghamAL35209
310 Gamma St S
BirminghamAL35205
1609 Jefferson Ave SW
BirminghamAL35211
1225 15th Way SW
BirminghamAL35211
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1620 Alemeda Ave SW
BirminghamAL35211
1711 Valley Ave
HomewoodAL35209
2212 Morris Ave, Unit Apartment 208
2212 Morris Ave
BirminghamAL35203
Showing Results 1-27, Page 1 of 1
Homewood, AL Local Guide
How much does it cost to rent a home in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood 2 Bedroom Homes for Rent | $2,033 | $800 | $5,000 |
| Homewood 3 Bedroom Homes for Rent | $1,904 | $825 | $3,500 |
| Homewood 4 Bedroom Homes for Rent | $2,191 | $1,250 | $2,850 |
| Homewood 5 Bedroom Homes for Rent | $2,237 | $975 | $3,499 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Homewood, AL Local Guide
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Cheapest Available Homewood Apartments for Rent
The cheapest available apartment rental in Homewood, AL is a 1 Bed unit found at 914 14th St SW in the West End neighborhood priced from $600. University Ridge Apartments in the Smithfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Homewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 914 14th St SW | 1 Beds, 1 Baths | 1BR,1BA | $600 |
| University Ridge Apartments | Studio | Studio,1BA | $625 |
| Pointe Arlington | 1/1.00 | 1BR,1BA | $700 |
| The Pearl at Homewood | One Bedroom One Bath | 1BR,1BA | $720 |
| Park On Valley | Studio Classic (pvs) | Studio,1BA | $740 |
| Beacon Pointe Apartments | 1 Bed/1 Bath | 1BR,1BA | $749 |
| The Delacroix | 0 Beds, 1 Baths | Studio,1BA | $750 |
| 614 1st St S | 1BR/1BA | 1BR,1BA | $750 |
| Magnolia Court | Studio Apartment | Studio,1BA | $763 |
| Stratford | 1 Bedroom / 1 Bathroom Apartment, Second Level | 1BR,1BA | $765 |
Best Value Apartments for Rent in Homewood, AL
As of June 28, 2026 the best value apartment in the Homewood area is the $1.14 price per square foot The Quail Model at Kreekview Apartments in the in the Brownville neighborhood starting from $1,275. The second greatest value Homewood apartment is the 2 Bed / 2 Bath Model at Shadesmont Apartments starting at $1,050 with a $0.98 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kreekview Apartments | The Quail | 2BR,2BA | $1.14 |
| Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
| Valley Station | 2 x 1 A Prem | 2BR,1BA | $1.12 |
| Terrace Court | 1x1 [2nd Floor] | 1BR,1BA | $1.06 |
| Beacon Pointe Apartments | 2 Bed/2 Bath | 2BR,2BA | $1.06 |
| The Marshall on 5th | 2BR/2BA - B2 | 2BR,2BA | $1.08 |
| Lakeview | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $1.10 |
| The Marshall on 3rd | 2BR/2BA - B2 | 2BR,2BA | $1.06 |
| Places at Red Rocks | 1 Bedroom | 1BR,1BA | $1.13 |
| 914 14th St SW | 1 Beds, 1 Baths | 1BR,1BA | $1.04 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Homewood, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Homewood, AL Rentals by Map
See the most popular apartments and homes in Homewood, AL
Frequently Asked Questions about Homewood
What type of rentals are currently available in Homewood?
There are currently 463 Apartments for Rent in Homewood, AL with pricing that ranges from $595 to $14,545. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homewood ranging from $675 to $5,000.
What is the current price range for Rental Homes in Homewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homewood ranges from $675 to $5,000 with an average monthly rent of $1,787.
How much are larger Three and Four Bedroom Rentals in Homewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homewood range from $875 to $4,457, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $659.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
Written by: Larry Allen
Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.